Editor’s Note
Gold and silver opened slightly higher on the MCX on Monday, July 20, 2026, with gold reaching ₹1,41,755 per 10 grams and silver hitting ₹2,19,300 per kg. The modest uptick mirrors trends in international markets. For the latest rates across major Indian bullion hubs, check local updates before purchasing.
Gold and silver prices saw an uptick at the opening of the Multi Commodity Exchange of India (MCX) on Monday, July 20, 2026, the first trading day of the week. However, the increase is modest.
On MCX, gold opened at ₹1,41,322 per 10 grams and rose to ₹1,41,755 per 10 grams by 1:35 PM. Silver prices also reached ₹2,19,300 per kilogram. A similar trend is observed in international commodity markets. If you plan to buy gold or silver today, check the latest rates in major bullion markets across cities like Delhi, Mumbai, Kolkata, Chennai, and Lucknow.
On the last trading day of the previous week, Friday, domestic commodity markets closed with gold at ₹1,41,006 per 10 grams and silver at ₹2,16,499 per kilogram. On the international COMEX market, gold rose 0.15% to $4,024.90 per ounce, up from Friday’s close of $4,023 per ounce. Silver rose 1.85% to $57.370 per ounce, compared to the previous close of $56.22 per ounce.
Although domestic and international futures markets show a slight uptick in gold and silver prices, rates in the country’s bullion markets continue to decline.
(Rates: ₹ per gram)
City | 24K Gold | 22K Gold | 18K Gold
Delhi | 14,343 | 13,144 | 10,761
Mumbai | 14,328 | 13,134 | 10,746
Chennai | 14,328 | 13,134 | 10,949
Patna | 14,328 | 13,134 | 10,746
Lucknow | 14,328 | 13,134 | 10,746
Ahmedabad | 14,333 | 13,139 | 10,751
Bangalore | 14,328 | 13,134 | 10,746
(Source: Goods Returns)
In the national capital Delhi, silver is priced at ₹2,29,900 per kilogram today. In Chennai, rates are ₹2,34,900 per kilogram, while in cities like Mumbai, Kolkata, Bangalore, Lucknow, and Patna, silver is at ₹2,29,900 per kilogram.
Today, Brent crude prices crossed $90 per barrel. This raises concerns about increasing inflation. If inflation rises, the Federal Reserve may increase interest rates, which could lead to a decline in gold and silver prices. However, since the second wave of Middle East tensions began, gold and silver prices have continued to fluctuate.